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U.S. Law Enforcement Recovers $31M from Uranium Finance Crypto Heist
U.S. authorities have successfully recovered $31 million in cryptocurrency stolen during the 2021 Uranium Finance hack, representing 62% of the total theft. The breakthrough came through joint efforts between federal agencies, with assistance from on-chain investigators tracking the hacker's attempts to obscure funds through mixers and exchanges.
Bitcoin Plunges Below $87,000: Market Experts Warn of Further Decline Amid Economic Uncertainty
Bitcoin's dramatic 20% drop from its all-time high signals growing concerns over U.S. economic factors and a broader crypto market sell-off. While experts advise caution before buying the dip, some maintain optimistic long-term outlooks despite the current bearish sentiment.
DTX Exchange Concludes Successful Presale with $0.36 Token Price, Raising $15.1M
DTX Exchange, a hybrid trading platform with over 600,000 members, has completed its presale rounds raising $15.1M with a final token price of $0.36. The platform unifies trading across crypto, forex, ETFs and stocks while bridging traditional and decentralized finance with features like the Phoenix Wallet.
Gen Z Embraces Crypto Over Traditional Retirement Accounts in Investment Shift
A YouGov study reveals that 42% of Gen Z investors hold cryptocurrency compared to just 11% with traditional retirement accounts. This dramatic shift in investment preferences coincides with Bitcoin's rise to $100,000 and increased mainstream acceptance of crypto assets.
Citadel Securities to Enter Crypto Trading as Major Exchange Liquidity Provider
Leading market maker Citadel Securities plans to expand into cryptocurrency trading on major exchanges like Coinbase and Binance, marking a significant shift in strategy. The move follows regulatory clarity under Trump's administration and builds on the firm's existing crypto ventures including partnerships with BlackRock and EDX Markets.
Authorities Recover $31M in Crypto Assets from Major Uranium Finance Heist
Federal authorities have seized $31 million in cryptocurrency linked to the 2021 Uranium Finance hack, marking a significant breakthrough in the case. The recovery follows a complex investigation into one of DeFi's largest exploits, where attackers stole $50 million through smart contract vulnerabilities.
Crypto Market Shakeout: $200M in Long Positions Liquidated as Altcoins Tumble
A massive liquidation event hit the crypto derivatives market, wiping out over $200 million in leveraged long positions as major altcoins faced sharp declines. Ethereum and Solana led the cascade with $56M and $33M in liquidations respectively, while Bitcoin showed relative stability.
Montana Lawmakers Reject Landmark Bill for State Bitcoin Investment
Montana's House of Representatives has voted down a groundbreaking bill that would have allowed the state to invest taxpayer funds in Bitcoin and other major cryptocurrencies. The 59-41 vote reflects broader institutional concerns about cryptocurrency volatility and marks a setback for state-level digital asset adoption.
Bitcoin Price Could Plunge to $77,000 Before Bull Market Resumes, Says CryptoQuant CEO
CryptoQuant CEO Ki Young Ju forecasts a potential 30% Bitcoin price correction to $77,000, citing historical patterns and institutional entry points. Despite near-term bearish outlook, analysts remain optimistic about long-term growth potential following the April 2024 halving.